Tag Archives: CME

CME Group building high-speed connections around the world (Dow Jones)

Here’s more proof that the exchanges are quickly becoming technology companies – if they’re not already.  This network sounds oddly like NYSE’s SFTI.  Nevertheless, its easy to see how this makes sense for CME and should generate them even more revenue beyond the $45 million they already make on this kind of service: Traders striving… Read More »

Barclays Capital Rolls Out Electronic Credit Default Swaps Trading (Wall Street Journal)

Execution and clearing mandates for OTC derivative trades are still nearly a year a way by my estimates, but the Street is already getting ready.  While Deutsche Bank and Bluemountain Capital executed CDS trades through Tradeweb and cleared via the CME and ICE, Barclays was busy rolling out its new electronic CDS trading product for… Read More »